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1530 6th Avenue Southwest
Jamestown, ND 58401
Asking Price
$1.95M
Cap Rate
9.93%
Asset Type
Multifamily
Class
Class B
What's Special
ND Multi-Family Portfolio For Sale <p><span style="color: rgba(6, 34, 57, 1)">• 39 Total Units Combined</span></p><p><span style="color: rgba(6, 34, 57, 1)">• High Occupancy</span></p><p><span style="color: rgba(6, 34, 57, 1)">• Turn-Key Cashflow</span></p><p><span style="color: rgba(6, 34, 57, 1)">• Coin Operated Laundry Rooms at Both Properties</span></p><p><span style="color: rgba(6, 34, 57, 1)">• Properties were former motels converted to multi-family properties, with 1- & 2-bedroom apartments and efficiency apartments.</span
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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433
